Supplier Safety

Approach and Policies

Group Policy (Human Resources)

Under the policies set forth in the Group Policy, the Nomura Real Estate Group performs important processes from materials procurement to civil engineering, building construction, repair construction, and so on with the cooperation of various suppliers including design and construction companies, contractors, and their service providers. Accordingly, we are aware that ensuring the safety of suppliers at construction sites is an important issue and we take measures to prevent accidents and disasters by raising awareness regarding health and safety, performing checks, and implementing preventive measures. In addition, the Nomura Real Estate Group Procurement Guidelines (the “Procurement Guidelines”) provide that suppliers shall “carefully manage health and safety and prevent industrial accidents, endeavor to maintain physical and mental health, and create well-ordered workplaces,” and we require suppliers to implement comprehensive health and safety management. Furthermore, the health and safety standards set forth in the Procurement Guidelines are equivalent to those applied to employees of the Group.

Nomura Real Estate Group Procurement Guidelines

Targets and Results

Targets

The Group works to ensure the safety of suppliers in accordance with the CSR Procurement Guidelines and Construction Safety and Security Guidelines.

Results

Number of Supplier Safety Conferences Held

Items FY2017 FY2018 FY2019 FY2020
Number of companies attending the Supplier Council Meeting on Health & Safety and the Supplier Conference on Safety 188 198 198 12*

In fiscal 2020, some of the meetings were cancelled or significantly downsized and held online to help contain the spread of the COVID-19 pandemic.

Violations by Suppliers

In fiscal 2020, with regard to ensuring supplier safety, which is monitored by the Sustainability Committee, there were no significant incidents of violations of laws and regulations.

For more details, see the ESG data (Society).

Initiatives

Ensuring Safety of Construction Sites

The Group established the Construction Safety and Security Guidelines to prevent accidents and disasters at demolition and new construction sites in the residential development and commercial real estate businesses. Moreover, the Group obtains a construction plan and a Safety and Security Check Sheet based on the guidelines from construction contractors as its suppliers and confirms that the safety and security of project workers has been adequately safeguarded. The Group is also working to ensure the safety not just of suppliers but also of neighboring residents and local community members by holding construction briefings for construction companies prior to construction, raising awareness of health and safety issues, and performing inspections in major building construction processes.

Outline of the Construction Safety and Security Guidelines
Prompt reporting duties Pre-construction confirmation Temporary work plan checks Accident prevention measures for demolition work Accident prevention measures for heavy machinery work Precautions by type of construction work (building frames, finishing work and installation work) Safety and Security Check Sheet

Supplier Council Meetings on Health & Safety Held

With the aim of implementing comprehensive safety management systems and raising awareness regarding health and safety, the Group regularly holds Supplier Council Meetings on Health & Safety with business partner companies.

Nomura Real Estate Partners holds the Supplier Council Meetings on Health & Safety

Nomura Real Estate Partners annually holds the East Japan Supplier Council Meetings on Health & Safety and the West Japan Supplier Council Meetings on Health & Safety. In fiscal 2020, Council Meetings were held online by the executive companies due to the COVID-19 pandemic, with seven and five companies in attendance, respectively, to report on the results of joint safety patrols and share safety and quality initiatives (note: 183 companies attended these meetings in fiscal 2019).

Nomura Real Estate Heating and Cooling Supply Hosts Supplier Conferences on Safety

Nomura Real Estate Heating and Cooling Supply Co., Ltd. holds an annual Supplier Conference on Safety where outstanding business partners are presented awards and the Health and Safety Management Plan for the current year is explained. In fiscal 2020, the conference was not held, as a countermeasure against COVID-19 (note: 15 companies attended the conference in fiscal 2019).

Sustainability